Japan’s “Most Frugal Woman”, 39, Spends S$1.80 A Day On Food, Owns 3 Houses & A Cat Cafe

For those who have never thought much about saving money, perhaps this story would serve as motivation to start. Saki Tamogami, 39, is now known as Japan’s “Most Frugal Woman” after achieving her goal of buying three houses in less than 15 years. Saki was just 19 when she decided that she wanted to own three houses by the age...

S P Setia initiates legal proceedings against former senior management for alleged breaches of duties

PETALING JAYA: S P Setia Bhd has initiated legal proceedings against its former senior management over alleged breaches of duties linked to the purchase of lands in Kota Kinabalu, Sabah, as well as the sale of units under the company’s Aeropod project. In a filing with Bursa Malaysia, S P Setia said Datuk Wong Tuck Wai...

Setia celebrates 50th anniversary

CELEBRATING a landmark 50 years in property development, Setia has marked this significant milestone with a grand celebration, reflecting on its five decades of innovation and growth. To ring in the 50th-anniversary festivities, Setia organised a vibrant event, dubbed “Celebrating Spaces” at Oval Lawn in Setia Park City, Setia Alam on July 21, to commemorate the...

Carina Lau Reportedly Made S$3.7Mil From Selling Waterfront Condo In Hong Kong

The four bed-room apartment was sold for S$12.8mil, boosting her already hefty net worth. Carina Lau is one of Hong Kong’s richest actresses, with an estimated net worth of HK$800mil (S$142mil). Besides acting, the 56-year-old made her riches from her restaurant and nightclub businesses in Hong Kong, Beijing and Shanghai, as well as real estate investments. Together with her hubby, movie legend Tony Leung,...

Jack Ma’s wife bought three prestige properties in Singapore: Report

SINGAPORE: The wife of Chinese billionaire Jack Ma (pic left) has acquired three so-called shophouses in Singapore, the Business Times reported, properties that are among the city-state’s most highly prized. Zhang Ying (pic right) paid between S$45 million (US$34 million) and S$50 million, the Business Times said, without specifying where it got the information. The niche market...

Apartment In Which Late HK Actress Lai Suk Yin Killed Herself Sold At S$1.7Mil Loss

The 1,035 sq ft North Point condo is being offloaded for S$2.7mil a month after her death. The luxury apartment in which late Hong Kong actress Lai Suk Yin took her life has been put on the market a month after her death. Suk Yin, best known for her role in 1996 Hong Kong triad film Young and Dangerous 3, committed suicide by burning...

Pavilion REIT’s tenancies on the rise

KUALA LUMPUR: Kenanga Research is keeping Pavilion Real Estate Investment Trust (REIT) as its top sector pick on the back of its earnings resilience. "We believe Pavilion REIT’s premium retail assets are less vulnerable to downward pressure on occupancy and rental rates amidst rising headwinds in the retail sector on the back of sustained high inflation that hurts...

Charmaine Sheh, Who Owns At Least 5 Properties, Just Added A S$5Mil Luxury Condo To Her Portfolio

Most of the HK star's residential properties are rented out, and it’s why she’s called “The Queen of Collecting Rent”. Looks like three-time Best Actress winner Charmaine Sheh is not just the “Queen of TVB”, but also “Queen of Collecting Rent”. The Hong Kong star has been investing in real estate for around two decades and is said to own more...

Apex Equity to dispose of Menara Apex for RM55mil

KUALA LUMPUR: Apex Equity Holdings Bhd's wholly-owned subsidiary Apex Development Sdn Bhd is disposing of Menara Apex and the 0.4737ha of freehold land it is situated on in Kajang, Selangor, for RM55mil. Apex Equity estimates the proposed sale will generate net proceeds of RM49.95mil and a gain on disposal of RM39mil, after deducting taxes and expenses, it...

Sunway to develop RM2bil GDV Industrial Tech Park in Rawang

KUALA LUMPUR: Sunway Bhd’s property arm, Sunway Property, through its wholly-owned subsidiary, Sunway Rawang City Sdn Bhd (SRCSB) has acquired a 245-acre parcel of prime freehold land at Kuang, Rawang for RM115mil.   SRCSB signed a sale and purchase agreement (SPA) on Aug 2, to acquire the Rawang land from Kauthar Equities Sdn Bhd.   In a statement, Sunway said...